Short Interest in Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Drops By 52.0%

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCDGet Free Report) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 1,200 shares, a drop of 52.0% from the February 28th total of 2,500 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is currently 1.0 days. Approximately 0.5% of the company’s stock are sold short.

Invesco S&P SmallCap Consumer Discretionary ETF Trading Down 2.9 %

Invesco S&P SmallCap Consumer Discretionary ETF stock traded down $2.74 during mid-day trading on Friday, hitting $92.04. The company had a trading volume of 967 shares, compared to its average volume of 1,390. Invesco S&P SmallCap Consumer Discretionary ETF has a 12 month low of $89.99 and a 12 month high of $119.15. The company has a market capitalization of $22.09 million, a PE ratio of 12.18 and a beta of 1.42. The stock’s 50 day moving average price is $104.15 and its two-hundred day moving average price is $108.01.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.3319 per share. This is an increase from Invesco S&P SmallCap Consumer Discretionary ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Investors Weigh In On Invesco S&P SmallCap Consumer Discretionary ETF

Institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Invesco S&P SmallCap Consumer Discretionary ETF during the 4th quarter valued at $569,000. Citadel Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter valued at $311,000. Virtu Financial LLC bought a new stake in Invesco S&P SmallCap Consumer Discretionary ETF in the 4th quarter worth about $306,000. Tower Research Capital LLC TRC raised its position in Invesco S&P SmallCap Consumer Discretionary ETF by 19.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 10,829 shares of the company’s stock worth $1,180,000 after buying an additional 1,730 shares during the last quarter. Finally, Narus Financial Partners LLC lifted its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 57.9% during the 4th quarter. Narus Financial Partners LLC now owns 4,016 shares of the company’s stock valued at $437,000 after acquiring an additional 1,472 shares during the period.

About Invesco S&P SmallCap Consumer Discretionary ETF

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PowerShares S&P SmallCap Consumer Discretionary Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Consumer Discretionary Index (the Underlying Index). The Underlying Index consists of common stocks of the United States consumer discretionary companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including, but not limited to, household durables, leisure products and services, computers and electronics, automobiles and auto components, hotel and restaurant services, and television and other entertainment goods and services.

Further Reading

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